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Dec 28, 2012
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with the u.s. closer to diving off the cliff than ever, monday is shaping up to be a pivotal day for the markets. should you, should an investor look for their emergency parachute, or should you stick this thing out? joining us right now, jonathan hoenig, portfolio manager at capitalist pig.com. spencer patton, chief investment officer at steel vine investments. jonathan, i have no choice but to stick it out. i'm a poor slob with a 401(k). so what do i do? i stick it out, right? >> well, what the president is putting you through, adam, what harry reid is putting you through, harry reid thinks the next 20 four hours are important? you're supposed to as investor be thinking long term. to leave this down to the last minute like this is cruel and is a distic to investors. one of the reasons you saw the tremendous drop today. you mentioned monday night being volatile. that is holiday day. it is thinly traded. with the fiscal cliff literally occurring you can bet it will be extremely volatile sunday and
with the u.s. closer to diving off the cliff than ever, monday is shaping up to be a pivotal day for the markets. should you, should an investor look for their emergency parachute, or should you stick this thing out? joining us right now, jonathan hoenig, portfolio manager at capitalist pig.com. spencer patton, chief investment officer at steel vine investments. jonathan, i have no choice but to stick it out. i'm a poor slob with a 401(k). so what do i do? i stick it out, right? >> well,...
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Dec 27, 2012
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are they confusing u.s. energy overall with just oil or are they making some other flaw in their logic? >> hi, adam. that is exactly right. so it is feasible by the end of this decade that the united states could be the world's largest energy producer but not the world's largest oil producer and you can see that just through the numbers. saudi arabia produces about 10 million barrels per day. we produce about 6.5 million barrels per day. certainly our energy production will grow but not that much. where the story on this is in natural gas. adam: right. >> that is the area of growth in the united states and if you throw that into the mix, then yes from a barrel of energy perspective we could be the largest producer in the world by 2020. adam: so this is important too. i want to point out to everybody the iea is not the eia. the iea is international energy administration. they got this started with their predictions about oil production. what is the outlook for the united states? we are pumping more oil. why c
are they confusing u.s. energy overall with just oil or are they making some other flaw in their logic? >> hi, adam. that is exactly right. so it is feasible by the end of this decade that the united states could be the world's largest energy producer but not the world's largest oil producer and you can see that just through the numbers. saudi arabia produces about 10 million barrels per day. we produce about 6.5 million barrels per day. certainly our energy production will grow but not...
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Dec 24, 2012
12/12
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., sent from addresses here in the u.s. to people buy being counterfeit good. that is obviously illegal. it is set up as a shop for a long time. doing transactions through a credit card. mailing from where they are. if anyone wants to enforce the law seems like it would be really easy. do police not care about illegal businesses online? >> not, at all, melissa. police do care but the problem is resources. these enterprises it takes nothing to start and stop and start up again for these businesses t takes so many man-hours, police hours to find and track these people. the thing is there is no hayley. hayley is a fake person. you don't want the prostitutes. you don't want the johns. you want the pimps that are actually setting these businesses up that are doing far more than just having adult prostitutes because it all stems from human trafficking. there is so much that goes beyond what we're seeing with suzie favor hamilton. takes so many man-hours. melissa: so hard to make a buck in the u.s. they're taxing the hell out of a
., sent from addresses here in the u.s. to people buy being counterfeit good. that is obviously illegal. it is set up as a shop for a long time. doing transactions through a credit card. mailing from where they are. if anyone wants to enforce the law seems like it would be really easy. do police not care about illegal businesses online? >> not, at all, melissa. police do care but the problem is resources. these enterprises it takes nothing to start and stop and start up again for these...
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how can the u.s. protect its competitive edge? we have details coming next. >>> the mighty mississippi is running dry. water leve are plunging towa historic lows. the blow back for consumers in food prices could only be beginning. this is a huge story you're not hearing about. we'll explain it. more coming up. ♪ . melissa: a little madonna. the u.s. is the world's fracking king but rival nations are scrambling to steal its crown. a slew of countries have huge shale deposits however dethroning the u.s. is proving far harder than expected. stephen schork, editor of the schork report and joins to us explain. stephen, thanks for coming back to the show. >> it is great to be here, thank you. melissa: we make it looo very easy but when i look at the various countries we're taing about and the challenges they're running into it is harder than you think. for example, china is believed to have more shale and oil and gas deposits than us but they don't have enough water to make it work, right? >> that is exactly the case. lack of water in
how can the u.s. protect its competitive edge? we have details coming next. >>> the mighty mississippi is running dry. water leve are plunging towa historic lows. the blow back for consumers in food prices could only be beginning. this is a huge story you're not hearing about. we'll explain it. more coming up. ♪ . melissa: a little madonna. the u.s. is the world's fracking king but rival nations are scrambling to steal its crown. a slew of countries have huge shale deposits however...
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Dec 27, 2012
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what does that mean to the u.s. economy? seems we're talking about far more ports than we were in 2002? >> correct, it could be a fairly significant hit on the u.s. economy. everybody who relies on ports, importers, exporters, manufacturers,armers, agricultural exporters, trucking companies, all these industries rely on ports to move the nation's commerce. if the ports shut down, that means nothing moves in or out and essentially that will impact the economy. adam: so the deadline is this weekend. they would go on strike this weekend. last i saw weren't they going to meet with a mediator? is there a way to avert this? will it take action by congress to intervene? >> at this point the two sides are expected to meet the federal mediator at some point between december 29th. we don't know when and where the meeting will take place. at this point we need the president to step in to assure both sides stay at table to continue to negotiate without engaging in supply chain disruptions. adam: can the president take legal action order
what does that mean to the u.s. economy? seems we're talking about far more ports than we were in 2002? >> correct, it could be a fairly significant hit on the u.s. economy. everybody who relies on ports, importers, exporters, manufacturers,armers, agricultural exporters, trucking companies, all these industries rely on ports to move the nation's commerce. if the ports shut down, that means nothing moves in or out and essentially that will impact the economy. adam: so the deadline is this...
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Dec 18, 2012
12/12
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we'll talk to a former u.s. ambassador to nato with all the details. more "money" coming up. ♪ . ♪ . melissa: that's perfect. turning now to arguably the biggest problem our government is facing right now, complete and utter out of control overspending! there is just no way to sugar coat it. every day in the meant of november our government took in a little more than $5 billion in revenue but then we spent $11 billion in exchange, leaving us with a gaping hole of $6 billion a day. fox news's bret baier is reporting a fiveart series on this beginning tonight on "special report" and he is here to shed some much-needed light on some really staggering statistics. bretthank you for coming back to the show. >> hey, melissa. melissa: this is areat report because, nobody is talking about this. we're not even close to the closing this enormous hole. what did you find in your reporting? >> it's pretty amazing, melissa. we talked to economists, we talked to politicians on both sides of the aisle, we talked to all kinds of people for this five-part series and
we'll talk to a former u.s. ambassador to nato with all the details. more "money" coming up. ♪ . ♪ . melissa: that's perfect. turning now to arguably the biggest problem our government is facing right now, complete and utter out of control overspending! there is just no way to sugar coat it. every day in the meant of november our government took in a little more than $5 billion in revenue but then we spent $11 billion in exchange, leaving us with a gaping hole of $6 billion a day....
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how can the u.s. protect its competitive edge? we have details coming next. >>> the mighty mississippi is running dry. water levels are plunging toward historic lows. the blow back for consumers in food prices could only be beginning. this is a huge story you're not hearing about. we'll explain it. more coming up. can i help you? i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been en all night. is this a trick to get my spot? [ male announcer ] eak from the holiday stress. save on ground shipping at fedex office. you know how painful heartburn can be. for fast, long lasting relief, use doctor recommended gaviscon®. only gaviscon® forms a protective barrier that helps block stoch acid from splashing up- relieving the pain quickly. try fast, long lasting gaviscon®. n we need a little bit more... [ male announcer ] at humana, we undrstand the value of quality time and personal attentn. which is why we are proud to partner wi
how can the u.s. protect its competitive edge? we have details coming next. >>> the mighty mississippi is running dry. water levels are plunging toward historic lows. the blow back for consumers in food prices could only be beginning. this is a huge story you're not hearing about. we'll explain it. more coming up. can i help you? i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've...
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Dec 17, 2012
12/12
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by the way, the u.s. supports the imf. melissa: yes. right. that menu looked delicious. obviously it is a half million dollar party. >> that's great. i would love that. melissa: i wonder why we were invited. i think it's because we are always making fun. >> journalism and ordered the imf. melissa: you will work on now for next year. moving into the end of the world which some restaurants are prepping for by offering domesday deals. they have to get rid of the food, so you might as well blowout. take a look at this deal by carl's jr. it is "money with melissa francis" by 12 by 12 burger. still pattis, 12 slices of cheese, and well strips of bacon. hosting the last friday party. and a hotel and long beach is having an end of the world party. are you going to split that with me? >> i like that cheese catastrophe. >> forget about it. melissa: how possibly -- could use machine down? you would have to nibble around the edge. >> that was like a two-story hamburger. alka-seltzer. really. melissa: what do you think? how would you work on that? >> i would take it apart 1p said the
by the way, the u.s. supports the imf. melissa: yes. right. that menu looked delicious. obviously it is a half million dollar party. >> that's great. i would love that. melissa: i wonder why we were invited. i think it's because we are always making fun. >> journalism and ordered the imf. melissa: you will work on now for next year. moving into the end of the world which some restaurants are prepping for by offering domesday deals. they have to get rid of the food, so you might as...
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Dec 11, 2012
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. >> talking about u.s. reserves of oil shale in the rockies and they're there and trillions of barrels. insanely expensive to produce. oil intense sieve. yocan count them but stretch to count. melissa: if he dies what happens to o the next day? how nervous are the markets? how big of a dealis this? >> that's a good question. i tnk the marketsould b reonably nervous and i tend not to think that way. melissa: yeah. you're very calm g about this stuff. >> he i am but -- but i do think that given that. pede investment as is hold by spit and bailing wire and. on other hand people who will be most cared are chinese get half a million barrels a dayfor loans of the cubs get it essentially for free. they have to be really worrd. i always thought the venezuelan output was always hanging by a thread and even death in short term of mr. chavez wouldn't fix that. melissa: it will be fascinating to watch. wow! john kinton, thanks as always. terrific. >>> time for today's fuel gauge report. oil prices fl for the fifth stra
. >> talking about u.s. reserves of oil shale in the rockies and they're there and trillions of barrels. insanely expensive to produce. oil intense sieve. yocan count them but stretch to count. melissa: if he dies what happens to o the next day? how nervous are the markets? how big of a dealis this? >> that's a good question. i tnk the marketsould b reonably nervous and i tend not to think that way. melissa: yeah. you're very calm g about this stuff. >> he i am but -- but i do...
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a huge break through for u.s. natural gas. a key government study could open the door for exports and create a boom for the economy. the only thing standing in the way though is president obama. we'll drill down with a natural gas company's ceo. >>> plus fighting crazy with crazy. could two plat nurm coins worth a trillion dollars each solve our debt crisis? is it as nuts as it sounds? bear with me here, people. our "money" power panel will break it down. >>> are plastic bags on the way to extinction. they're completely banned in two cities. chicago wants to nix them. guess who is behind it? my favorite chicago alderman. i say stop the madness. but alderman joe moreno is here to disagree with me. even when they say it is a not it is always about money melissa: first let's take a look at today's market headlines. mediocrity apparently the reason to buy on wall street today. the november jobs report came in above expectations but the 146,000 jobs added is below average monthly growth for the past two years. that and 350,000 amer
a huge break through for u.s. natural gas. a key government study could open the door for exports and create a boom for the economy. the only thing standing in the way though is president obama. we'll drill down with a natural gas company's ceo. >>> plus fighting crazy with crazy. could two plat nurm coins worth a trillion dollars each solve our debt crisis? is it as nuts as it sounds? bear with me here, people. our "money" power panel will break it down. >>> are...
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Dec 18, 2012
12/12
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the u.s. didn't go into recession. we didn't have worldwide food inflation. maybe there's a reason to be constructively bullish on this market. liz: wasn't 1442 supposed to be that support level? >> it is a support level. below that though 1430. that is a key level. i think people are squaring up because hey, we don't know what will happen overnight, but by in large, the market is pricing in that something will get accomplished, but hey, if i was standing in that pit right now, i'd go home flat as well but you'd never know. david: i won't tell those guys about the asteroid that's planning to hit at 12:00 midnight. but that's a whole other story. larry, great to see you. liz: david you just panicked half of our viewers. oracle beat on the top and bottom line. let's head back to nicole on the floor of the nyse. nicole: i have been talking with traders taking a look at the stock in the afterhours. it is a winner. we're watching oracle on the move to the upside, beat on both top and bottom line. they said that they have seen demand for web-based services. they ha
the u.s. didn't go into recession. we didn't have worldwide food inflation. maybe there's a reason to be constructively bullish on this market. liz: wasn't 1442 supposed to be that support level? >> it is a support level. below that though 1430. that is a key level. i think people are squaring up because hey, we don't know what will happen overnight, but by in large, the market is pricing in that something will get accomplished, but hey, if i was standing in that pit right now, i'd go...
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Dec 13, 2012
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with the u.s. on track to have the warmest year in its history, the ski industry is being dealt another brutal blow. joining me is bob dean from the national resources defense council. one of the groups behind that particular study. bob, thank you. welcome to the show. >> thank you, sandra. good to be here. sandra: so let me get this straight. you're blaming the warm winters, lack of snow on climate change? >> absolutely. you mentioned sandra, we're on track as of end of the november we had the hottest year on record in this country. 3.3 degrees hotter than the 20th century average. it hurt our farmers and ranchers, devastated worst drought in 50 years. fires detroit nine million acres of forest and fields. we'll seeing it on the ski slopes. climate change for the slopes means less snow on the ground, feuder skiers on the slopes. if you make your living in the business, less money in the wallet and paycheck. sandra: one might question that reasoning behind this and say a billion dollar loss for the
with the u.s. on track to have the warmest year in its history, the ski industry is being dealt another brutal blow. joining me is bob dean from the national resources defense council. one of the groups behind that particular study. bob, thank you. welcome to the show. >> thank you, sandra. good to be here. sandra: so let me get this straight. you're blaming the warm winters, lack of snow on climate change? >> absolutely. you mentioned sandra, we're on track as of end of the...
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Dec 31, 2012
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we will go up in u.s. stock market, but we will see even bigger percentage rises in both china and india. gerri: all right. when you look at this the thing folks are seeing a $600 billion hit to the economy. higher taxes, lower government spending. gerri: we are probably going to see amid cycle slowdown. importantly valuations are not that attractive. the bond market is really in a bowl. stocks are up 20-25% depending upon which markey looking at. we would say in 2013 whereas in 2012 the issue was still be -- guard against not being optimistic enough. we think in 20131 must guard against being too optimistic. gerri: oh boy. to you. has there been a little complacency in the market? will we have seen is the market's trading down on fiscal cliff talk that has been moving on that. you're bullish. where do you think the stocks will be rising on? we will be the news that will compel the stocks higher. >> love it is really the healing of the global economy. now that you are starting out of china and india stabil
we will go up in u.s. stock market, but we will see even bigger percentage rises in both china and india. gerri: all right. when you look at this the thing folks are seeing a $600 billion hit to the economy. higher taxes, lower government spending. gerri: we are probably going to see amid cycle slowdown. importantly valuations are not that attractive. the bond market is really in a bowl. stocks are up 20-25% depending upon which markey looking at. we would say in 2013 whereas in 2012 the issue...
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the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. every human being is unique. and there is one store that recognizes it. the sleep nuertore. the only place in the world you'll find the extraordinarily comfortable sleep number experience. an exclusive collection of innovations that totally individualize your sleep. perfectly comfortable pillows that adjust to your size and shape. temperature-balancing bedding. dual warmth comforters. all designed around the sleep number bed: a bed with dual-air technology that allows you todjust to the support your bo needs. each of your bodie in the name of human individuality: the sleep number collection. discover how our sleep professionals can exclusivel
the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. every human being is unique. and there is one store that recognizes it. the sleep nuertore. the only place in the world you'll find the...
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Dec 29, 2012
12/12
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that is what they're doing in japan in the u.s. that is what is using the market . tom: you are kind of a macro guy. you looked at the broad market place. i have to ask you. is the marketplace bigger than washington to act even though they are dunderheads down their running the place, and i know they make a lot of policy. and we, the media, give them a lot of attention. doesn't the market cycle override what they can do? >> this is a global collapse. pick up today's wall street journal. read what's going on in amsterdam with prime property being vacant. look at what is going on in spain. millions of people taking to the streets. they still call it a recession with 25 percent unemployment in spain, greece. things are getting worse everywhere. the austerity measures, what austerity measures? i got one. make a story. i'll make a bad bet. i don't want to take my losses. of take the money from you, mr. citizen. of tax you more, cat your services. what you do did you will pay more for my note that your pension and benefits. tom: how does all this in? we wind up with pitch
that is what they're doing in japan in the u.s. that is what is using the market . tom: you are kind of a macro guy. you looked at the broad market place. i have to ask you. is the marketplace bigger than washington to act even though they are dunderheads down their running the place, and i know they make a lot of policy. and we, the media, give them a lot of attention. doesn't the market cycle override what they can do? >> this is a global collapse. pick up today's wall street journal....
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Dec 30, 2012
12/12
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now he is leaving it up to the two leaders in the u.s. senate try to reach a compromise. something perhaps along the line of what is being negotiated between the speaker and the president a couple of weeks ago. perhaps a tax increase for amounts of more than $400,000 or $500,000 per year. also, senate leaders want to includsomething on the este tax, according to a white house official. we'll can also be key to this is that the white house officials are also telling fox news and ed henry that it appears as though the debt ceiling is not part of that. this is a huge nonstarter for republicans in the house. they want any dollar and increase of the debt ceiling to also invol a dollar in cuts over 10 years. if they don't have those corresponding cuts, it is unlikely that many of them will vote for an increase in the debt ceilin removing them from the equation helps pave the way, at least for what will really be described as a stopgap proposal, one to avoid the full impact of the fiscal cliff. it will allow congress to again take another crack at finding some way to deal with s
now he is leaving it up to the two leaders in the u.s. senate try to reach a compromise. something perhaps along the line of what is being negotiated between the speaker and the president a couple of weeks ago. perhaps a tax increase for amounts of more than $400,000 or $500,000 per year. also, senate leaders want to includsomething on the este tax, according to a white house official. we'll can also be key to this is that the white house officials are also telling fox news and ed henry that it...
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Dec 31, 2012
12/12
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check u.s. futures as well as how trading taking place overseas. futures in the united states in positive territory. s&p as well as the dow could be down dramatically. let's day can a look at hong kong, the hang seng is actually down, here is what we'll know more of the outlook for the first quarter has for some time anticipated a significant slowdown in response to the fiscal drag and fiscal debate. we're not to alter the forecast. they sent a note to their clients. virtual standing by live on capitol hill to see if there is something coming out of washington, d.c. >> reporter: good evening. talks are continuing this evening between the vice president joe biden and mitch mcconnell. they were making some sense of progress there. this is after two stop soldiers, mitch mcconnell and harry reid failed to make much progress through tonight and this morning. harry reid went home earlier this yeeng and biden and mcconnell were taking point on the negotiations. they worked out a deal couple years ago for unemployment insurance that cut the social security
check u.s. futures as well as how trading taking place overseas. futures in the united states in positive territory. s&p as well as the dow could be down dramatically. let's day can a look at hong kong, the hang seng is actually down, here is what we'll know more of the outlook for the first quarter has for some time anticipated a significant slowdown in response to the fiscal drag and fiscal debate. we're not to alter the forecast. they sent a note to their clients. virtual standing by...
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Dec 31, 2012
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let's bring in former maryland governor and u.s. congressman, now senior counsel for government advocacy and public policy at king and spalding. of what your initial reaction to everything that we have not seen in fact, the lack of. what do you make of this last-minute wrangling with less than 12 hours to go? >> reporter: this reminds me of all the omnibus budget negotiations from the past. never changes. i was keeping a list. the anc. it is the same issues over and over again every time we reach this sort of problem with regret to fiscal policy in congress. the big issues obviously -- by the way, sequester is the artificial into the bill into this. the big issue, and salomon reform, long-term tax rates to what to do about spending, $16 trillion in debt. again, being postponed. the bottom line is a mini deal along the lines of kicking the can down the proverbial alley, no doubt about it. waiting until a new congress is sworn in in order to hopefully finally really bottom-line did to the major policy issues regarding the country incl
let's bring in former maryland governor and u.s. congressman, now senior counsel for government advocacy and public policy at king and spalding. of what your initial reaction to everything that we have not seen in fact, the lack of. what do you make of this last-minute wrangling with less than 12 hours to go? >> reporter: this reminds me of all the omnibus budget negotiations from the past. never changes. i was keeping a list. the anc. it is the same issues over and over again every time...
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Dec 30, 2012
12/12
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then there are restrictions on u.s. exporters, lower tariffs in good deal for them. awaiting the attention of lawmakers and again, they are not even paying any attention. and today, they are threatening to do something with the hurricane sandy relief bill. the hurry up and get it done attitude of small-business owners. a 9foot wave of flood water hit her store. she has picked up the pieces and opened her doors for business. despite losing all her equipment and furnishings, her insurance denied her claim a she got no lp from the government. take a look at ths. they got her back in the business. it pretty awesome, right? the party of procrastination can take a lesson from the small-business oer in staten island, w york. congress has nothing to show for itself after two years. coming up next, how the massive gains in the fiscal cliff could impact your 401k and the economy. stay with us gerri: you make it, they take it. 23.8% is the raise that policymakers will see on capital gains. chris edwards joins me now. he is director for tax policy studies at the cato institute.
then there are restrictions on u.s. exporters, lower tariffs in good deal for them. awaiting the attention of lawmakers and again, they are not even paying any attention. and today, they are threatening to do something with the hurricane sandy relief bill. the hurry up and get it done attitude of small-business owners. a 9foot wave of flood water hit her store. she has picked up the pieces and opened her doors for business. despite losing all her equipment and furnishings, her insurance denied...
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Dec 31, 2012
12/12
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if i'm a u.s. citizen and say i invest in another country, when i sell that investment do i pay the capital gain to that country or do i pay it in the united states since i'm a citizen of the u.s.? >> pay both but then you get what is called a foreign tax credit for your foreign taxes paid. basically the u.s. treasury taxes you on "your world"wide income. however, it does ccedit you for some of the foreign taxes you've paid. adam: would the credit, would the credit, wouldn't that minimize the impact of the increase here in the united states? or is it the other direction and forces investors to seek invests overseas as opposed to here where they pay the higher capital-gains tax rate? >> what is important here we want foreign investors to come to the united states and invest in our growth companies and our high-tech companies. if we have a high capital-gains tax rate it will hit those foreign investors. so we want, investment money flowing into the united states. if we have high tax rates we'll be sc
if i'm a u.s. citizen and say i invest in another country, when i sell that investment do i pay the capital gain to that country or do i pay it in the united states since i'm a citizen of the u.s.? >> pay both but then you get what is called a foreign tax credit for your foreign taxes paid. basically the u.s. treasury taxes you on "your world"wide income. however, it does ccedit you for some of the foreign taxes you've paid. adam: would the credit, would the credit, wouldn't...
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join me now, chief u.s. economist for i may just pll one side. heart of america group founder, and member of the jobs creation alliance and actual job creators in this country who say their voices not being heard inhis office took with debate. also with us from the weekly standard, stevn haze. welcome. great to have you here. i want to start with the conversation in washington and what t speaker had to say about the status of the fiscal here is mr. boehner. >> this is in the progress report because there is no progress to report. when it coms to the fiscal cliff that is turning our economy and jobs, the white hhuse is wasted another week. gerri: what do you say? we wasted another week. we seem to be getting nowhere, and now folks are saying the president is trying to entice us of the fiscal cliff. >> look, i think they're actually some pty strong incentives for the president to take the country over the fiscal cliff. if you look at what the president's stance to gain if the country goes over the fiscal cliff, therare very clear and identifiable t
join me now, chief u.s. economist for i may just pll one side. heart of america group founder, and member of the jobs creation alliance and actual job creators in this country who say their voices not being heard inhis office took with debate. also with us from the weekly standard, stevn haze. welcome. great to have you here. i want to start with the conversation in washington and what t speaker had to say about the status of the fiscal here is mr. boehner. >> this is in the progress...
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Dec 10, 2012
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according to the federal reserve, u.s. consumer borrowing hitting a record $2.7 trillion in october. that is up more than 14 dal billion month over month. they weresing them to buy cars and attend schools. autos and student loans increased nearly $11 billion. >>> moving on giving to charity during the holidays is always a good feeling. nearly half of all contributions charities receive each year are made between thanksgiving and new year's. with talks of congress limiting the charitable tax deduction asart of the fiscal cliff negotiation will this year be any different? we have the head of charity navigator with me now. ken, we were talking during the break, there has been, you've seen increasing contributions to charities this year because of that fiscal cliff. what do you see? we've seen some larger charities have seen as much as or 8% increase in donations whereas some of the smaller charities they're still struggling and donations are somewhat level from last year. gerri: you know, people have this on the front of mind
according to the federal reserve, u.s. consumer borrowing hitting a record $2.7 trillion in october. that is up more than 14 dal billion month over month. they weresing them to buy cars and attend schools. autos and student loans increased nearly $11 billion. >>> moving on giving to charity during the holidays is always a good feeling. nearly half of all contributions charities receive each year are made between thanksgiving and new year's. with talks of congress limiting the...
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Dec 28, 2012
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ashley: closing bell ringing in 50 minutes, if the u.s. is over the fc, the fiscal cliff, what do you do with your money other than put it under the matress, suck your thumb, and curl up in the fetal position? one telling clients to stay in equities in the u.s. and overseas. find out where she put money to work and how to keep your cliff protected. how many times can i say ""liff"? that's all next in a fox business exclusive. ♪ [ malennouncer it's tt time of year again. time for citi price rewind. ecause your daughter really wants that pink castle thi. and youealldon't want to pay morehan you have to. only citi price rewind automatically searches for the lowest price. and it findone, you get rended the diffence. just use your citi card and register your purchase online. have a super spary day! ok. [ male announcer ] now all youeed is a magicarriage. citi price rewind. start saving at citi.com/pricerewind. ashley: barnes & noble spreading holiday cheer to investors. they could use it. the stock is jumping up 5%, making it our power mover
ashley: closing bell ringing in 50 minutes, if the u.s. is over the fc, the fiscal cliff, what do you do with your money other than put it under the matress, suck your thumb, and curl up in the fetal position? one telling clients to stay in equities in the u.s. and overseas. find out where she put money to work and how to keep your cliff protected. how many times can i say ""liff"? that's all next in a fox business exclusive. ♪ [ malennouncer it's tt time of year again. time...
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Dec 31, 2012
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perversely, the u.s. dollar would benefit as a safe haven currency, perhaps even the pseudo-safe haven japanese yen would benefit temporarily. and then alto the u.s. is downgraded, u.s. treasuries actually stand some room the gain here. liz: okay. but the yen, for example, was falling today. in fact, it hit its lowest level in two years. the dollar's gain against the yen is the best that we've seen in, what, about five or six years? since '05 really, so seven years. what do you like out there. what are if i could ask you to pick two different currency, do you feel if people want that as slice of their investment pie, where should they be putting their money? >> i think the mistake in 2012 is betting against the euro. the fact that it's a, greece exiting the eurozone is going to drag down the euro with it. i don't think that's the way you want to play that this coming year. the euro is supported by trade and investment flows, they keep it on an even keel. where you want to focus are on those currencies tha
perversely, the u.s. dollar would benefit as a safe haven currency, perhaps even the pseudo-safe haven japanese yen would benefit temporarily. and then alto the u.s. is downgraded, u.s. treasuries actually stand some room the gain here. liz: okay. but the yen, for example, was falling today. in fact, it hit its lowest level in two years. the dollar's gain against the yen is the best that we've seen in, what, about five or six years? since '05 really, so seven years. what do you like out there....
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fox news military analyst with his new book and the former u.s. ambassador to the united nations. stay with us as republicans introduced immigration reform. we take that up next. ♪ lou: an excuse -- excuses for breaking the anti-tax pledge. i know. it's uplights to him. it's a pledge to the voters. congressman chris gibson says he is not bound by the pledge that he made because of redistricting when the freshmen republicans signed the pledge back in 2010 he represented new york's 20th congressional district. now he is in the 19th dirict. never mind that he still represents just about hlf of his former cnstituents. still, that is pretty tough reasoning. to rare winnce parts a diplomatic crisis hours before the u.n. general assembly voted to upgrade palestine status to nonmember observer. the official u.n. twitter account released this week on day of solidarity with palestinians stresses urgency reaching one state solution. they just missed it by one member. the un secretary general, of course, supports aid to state solution. they did corrected. student loans may be the next finan
fox news military analyst with his new book and the former u.s. ambassador to the united nations. stay with us as republicans introduced immigration reform. we take that up next. ♪ lou: an excuse -- excuses for breaking the anti-tax pledge. i know. it's uplights to him. it's a pledge to the voters. congressman chris gibson says he is not bound by the pledge that he made because of redistricting when the freshmen republicans signed the pledge back in 2010 he represented new york's 20th...
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fox news military analyst with his new book and the former u.s. ambassador to the united nations. stay with us as republicans introduced immigration reform. we take that up next. those surprising little things she does still make you te notice. there are a million reasons why. but your erectile dysfunction that could be a question of blood flow. cialis for daily use lps you be ready anytime the moment's right. you can be more confident in youability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms obph, like needing to go frequently or urgently. tell your doctor about all your medical conditions and medications, and ask if your heart is healthy enough for sexual activity. do not take cialis if you take nitrates for chest pain, as this may cause an unsafe drop in blood essure. do not dnk alcohol in excess with cialis. side effects may include headache, upset stomach, delayed backache or muscle ache. to avoid long-term injury, seek immediate medical help for an erection lasting more than four hours. if you have any sudden decrease or los
fox news military analyst with his new book and the former u.s. ambassador to the united nations. stay with us as republicans introduced immigration reform. we take that up next. those surprising little things she does still make you te notice. there are a million reasons why. but your erectile dysfunction that could be a question of blood flow. cialis for daily use lps you be ready anytime the moment's right. you can be more confident in youability to be ready. and the same cialis is the only...
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fox news military analyst with his new book and the former u.s. ambassador to the united nations. stay with us as republicans introduced immigration reform. we take that up next. ♪ [ engine revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, with the perfect vehicle that's just rightor you, no matter which list you're on. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 c250 for $349 a month at your local mercedes-benz dealer. you know how painful heartburn can be. for fast, long lasting relief, use doctor recommended gaviscon®. only gaviscon® forms a protective barrier that helps block stomach acid from splashing up- relieving the pain quickly. try fast, long lasting gaviscon®. i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a tri to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. ♪ lou: an excuse -- excuses for breaking the anti-tax pledge. i know. it's
fox news military analyst with his new book and the former u.s. ambassador to the united nations. stay with us as republicans introduced immigration reform. we take that up next. ♪ [ engine revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, with the perfect vehicle that's just rightor you, no matter which list you're on. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 c250 for $349 a month at your local mercedes-benz dealer. you know how painful heartburn can...
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fox news military analyst with his new book and the former u.s. ambassador to the united nations. stay with us as republicans introduced immigration reform. we take that up next. [poignant country music] ♪ ♪ remember when ♪ we vowed the vows and walked the walk ♪ ♪ and gave our hearts ♪ made a start and it was hard ♪ ♪ we lived and learned ♪ life threw curves ♪ there was joy, there was hurt ♪ ♪ remember when ♪ ♪ remember when ♪ we said when we turned gray ♪ ♪ when the children ♪ grow up and move away ♪ we won't be sad ♪ we'll be glad ♪ for all the life we've had ♪ and we'll remember when ♪ ♪ remember when we went to a park and we handed people 10- and 20-pound sandbags. here's what happened. i just truly feelinded. i can feel it in my back. i didn't realize what extra weight on the body feels like. oh, i definitely felt it in my knees. you can easily put 2, 3, 4, or 5 pounds on in a year. woman: 10 pounds makes a big difference. no one liked carrying the extra weight, but people do it all the time. wouldn't you like to drop that weig
fox news military analyst with his new book and the former u.s. ambassador to the united nations. stay with us as republicans introduced immigration reform. we take that up next. [poignant country music] ♪ ♪ remember when ♪ we vowed the vows and walked the walk ♪ ♪ and gave our hearts ♪ made a start and it was hard ♪ ♪ we lived and learned ♪ life threw curves ♪ there was joy, there was hurt ♪ ♪ remember when ♪ ♪ remember when ♪ we said when we turned gray ♪ ♪...
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fox news military analyst with his new book and the former u.s. ambassador to the united nations. stay with us as republicans introduced immigration reform. we take that up next. you know how painful heartburn can be. for fast, long lasting relief, use doctor recommended gaviscon®. only gaviscon® forms a protective barrier that helps block smach acid from splashing up- relieving the pain quickly. try fast, long lasting gaviscon®. lead paint poisoning affects one million children today. if you're pregnant or have young children and your home was built before 1978, you could be at risk. learn how to protect your family. to find your home's danger zones, the health effects, or just to find help, log on to leadfreekids.org. ♪ lou: an excuse -- excuses for breaking the anti-tax pledge. i know. it's uplights to him. it's a pledge to the voters. congressman chris gibson says he is not bound by the pledge that he made because of redistricting when the freshmen republicans signed the pledge back in 2010 he represented new york's 20th congressional district. now he is in the 19th distr
fox news military analyst with his new book and the former u.s. ambassador to the united nations. stay with us as republicans introduced immigration reform. we take that up next. you know how painful heartburn can be. for fast, long lasting relief, use doctor recommended gaviscon®. only gaviscon® forms a protective barrier that helps block smach acid from splashing up- relieving the pain quickly. try fast, long lasting gaviscon®. lead paint poisoning affects one million children today. if...
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Dec 27, 2012
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tracy: u.s. government set to hit the legal borrowing limit on monday. 16.$4 trillion federal debt limit beginning to come down and toch congress passes legislation or defaults. treasury secretary tim traders said the treasury would begin to undertake "extraordinary measures to stave off default quote that could $3,200,000,000,000 of additional funding which would give them two more months this is creative accounting. we have many. lori: the overspending is the understatement. the bond yield is lower investors are thinking this is the safest bet stocks are falling the dow was off 100 points europe is a mess in china slows down the global economy in dire straits and we cannot stop spending there is no message in interest rates are rising as they should to prepare for another downgrade which is very concerning talking about the economic data data, consumer confidence falls over fiscal cliff uncertainty and warning the government is set to hit the legal borrowing limit by a monday. we have bill rodg
tracy: u.s. government set to hit the legal borrowing limit on monday. 16.$4 trillion federal debt limit beginning to come down and toch congress passes legislation or defaults. treasury secretary tim traders said the treasury would begin to undertake "extraordinary measures to stave off default quote that could $3,200,000,000,000 of additional funding which would give them two more months this is creative accounting. we have many. lori: the overspending is the understatement. the bond...
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Dec 31, 2012
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david: dennis kucinich will your last vote for the u.s. congress at least this time out will be for this debt deal? >> i want to see what the deal is. you never commit what your vote will be until you read it. i will say this if the private sector isn't creating jobs, the public sector has a moral obligation to help get america back on its feet. china just, is investing billions of dollars in high-speed rail. what are we doing here in this country? we should be rebuilding america. have more taxpayers and quit putting increased burden on taxpayers. >> then raise the taxes. liz: will we have a deal tonight? >> dennis, raise taxes to pay for it, please. take that position and come out and say raise taxes to pay for it. stop borrowing money to do what you said. liz: representative humans camp will we have a deal? >> no time to finish that. irs moved back withholding tables. there is still a few days. deal that raises taxes increases spending and ignores entitlement reforms i'm a no on any deals. david: no on deals from all three of you guys. w
david: dennis kucinich will your last vote for the u.s. congress at least this time out will be for this debt deal? >> i want to see what the deal is. you never commit what your vote will be until you read it. i will say this if the private sector isn't creating jobs, the public sector has a moral obligation to help get america back on its feet. china just, is investing billions of dollars in high-speed rail. what are we doing here in this country? we should be rebuilding america. have...
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fox news military analyst with his new book and the former u.s. ambassador to the united nations. stay with us as republicans introduced immigration reform. we take that upnext. want to try to crack it? yeah, that's the way to do it! now we need a little bit more... [ male announcer ] at humana, we understand the value of quality time and personal attention. which is why we are proud to partner with health care professionals who understand the difference that quality time with our members can make... that's a very nice cake! ohh! [ giggles ] [ male announcer ] humana thanks the physicians, nurses, hospitals, pharmacists and other health professionals who helped us achieve the highest average star rating among national medicare comompanies... and become the first and only national medicare advantage company to achieve a 5-star rating for a medicare plan... your efforts result in the quality of care and service we're able to provide... which means better health outcomes... and more quality time to share with the ones who matter most. i love you, grandma! [ male announcer ] humana. â
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Dec 31, 2012
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the u.s. and congress and the white house, according to our source, is weighing a 60-90 day delay in those automatic spending cuts. that is how they would deal with that. one omission in all of this, and this is very important, they are not discussing an extension of the debt ceiling. they want to have that yet ceiling fight. it is definitely a no go in the house for republicans. this is what is going on right now. back to you. shibani: at least that is the plan for the time being. thank you a lot, rich. right now we will go to peter barnes who is standing at the white house. we know the president will be speaking in about a half an hour peter: it sound like he may be announcing the deal because of some of the stagecraft around this. the white house says they will be making an announcement with middle-class families. he will be announcing some kind of tentative deal, tentative framework in his statement here at the old executive office building in just about 30 minutes from now. no comment fro
the u.s. and congress and the white house, according to our source, is weighing a 60-90 day delay in those automatic spending cuts. that is how they would deal with that. one omission in all of this, and this is very important, they are not discussing an extension of the debt ceiling. they want to have that yet ceiling fight. it is definitely a no go in the house for republicans. this is what is going on right now. back to you. shibani: at least that is the plan for the time being. thank you a...